DowGoldVenus
- Experts
- Kyōhei Shirahama
- Versione: 1.11
- Attivazioni: 5
This Expert Advisor is an automated trading program that combines a breakout strategy based on the Dow Theory with a trailing stop function.
Its features are as follows:
1. It uses two time frames, long and short, to determine trend direction and entry points.
2. It detects highs and lows from past bars and determines trend direction from the slope of the trend line.
3. When the trend direction matches, it issues a breakout order based on the most recent high or low.
4. By using a trailing stop, it automatically follows the stop loss line after a certain profit is made.
5. The order lot size, number of bars for trend determination, and trailing stop setting value can be changed from the parameters.
This EA is designed to capture clear trends and breaks, and trades fully automatically.
